Bitcoin Rethinks a $90,000 Breakout Despite a US Dollar Nosedive

Bitcoin (BTC) attempted a rebound past $90,000 at Wednesday’s Wall Street open as markets awaited US macro cues.

Key points:

• Bitcoin struggles to hold a $90,000 uptick as gold surges and US dollar strength crumbles.

• The Federal Reserve interest-rate decision sees flat moves on stocks.

• Bitcoin traders sit and wait for an inevitable range breakout.

$90,000 proves too much for Bitcoin bulls

Data from TradingView showed BTC/USD almost hitting $90,500 before giving up its gains, dipping to $88,800.